Premier Realty of Tampa 15619 Premiere Dr, Suite #104 Tampa, FL 33624 O: (813) 265-3100 F: (813) 265-3103

Lee’s Towing and Collision Center  14810 N 12th St, Lutz, FL 33549 

 

Business Plus Property: $1,975,000 Business Only: $975,000

Presented by: Muna Faouri (813) 892-7572 and Hana Young (813) 507-2993 ● Information below provided by Seller, Buyer will be responsible to verify all information during due

diligence under a binding Letter of Intent or Purchase Agreement

Overview: This Towing Company and Auto Collision Center has been a long established business with clientele in the area. This turn key sale is a rare opportunity in this industry for any buyer experienced in the auto business. A new owner has the opportunity to grow this business with more towing contracts or expand on the repair aspect of the business. The business has multiple sources of income including contracts for vehicle pickup and transport, vehicle storage, towing contracts they have not utilized and vehicle repairs, detailing and collision repair centers. The business is being sold as-is as a business only OR business with the property. There are a total of 3 buildings on a 1 acre lot. The gross square footage of the buildings are 18,190 and total heated square footage of 12,842 SF. The main building contains the office, including the painting area (painting booth and mixing room are in separate areas) is the main building and holds two dispatching offices, waiting area, two separate private offices, cashier’s office, a conference room, two bathrooms, a shower room and an employee lunch break room. The second building is the auto repair and body shop. The third building is the detail shop, which can be utilized with a new buyer. The Seller currently averages $500,000- $600,000 annual gross sales. This average excludes cash transactions. On a monthly average, the towing aspect of the business grosses estimate $25,000- $30,000 and the repair/collision aspect of the business grosses approximately $50,000 per month. The monthly expenses estimate about $29,000 including pay for approximately 6 employees and current owners salaries. Owner average monthly net estimates $30,000 per month with a husband and wife and son operator. This business and lot has plenty of room for growth. This lot can be used for semi truck parking, sales or extra storage space. This business and property can qualify for a SBA loan or E2 Visa.

Equipment List (included in sales price valued approximately $430,000): Two (2) MegaRack Frame Machine Seven (7) Lifters total One (1) 18,000 lbs lifter One (1) Electric Scissor Lifter One (1) Tire Balancing Machine One (1) Tire Changing Lifter Two (2) Welding Machine (110 power & 220 power) One (1) Mega Welder Two (2) A/C recovering machine Ten- Fifteen (10 - 15) Floor Jacks One (1) Computer operating measuring machine with touch point measuring system Four (4) Tow Trucks Two (2) flat screen tvs in the reception area Twelve (12) security cameras and system Alignment machine on lease Dodge tow truck on lease Owner and employees toolboxes, tools and kits do not convey in sale

Monthly Average Figures: Income Towing $20,000 Mechanical $30,000 Collision $20,000 Less Purchased Parts -$10,000 Total Income $60,000 Expenses Mortgage/Rent: $7,000/ $7,000 + NNN Utilities (water/elec/waste) $1,500 Employee Expenses $11,000 (3 FT, 2 on call, 1 contracted) Owner Wages (3 people) $4,800 Insurance $2,200 Cable (Spectrum) $255 COWAY water machine lease $50 Credit Card Fee $150 Misc/Supplies $200 Accounting/Advertising $240 Tow Truck Lease (Dodge) $1000 Alignment Machine Lease $500 Total Expenses: $28,895 Owner Net Income: $31,105 (does not include owner wages of $4,800)